Cynosure, LLC.
Overview
Responsible for providing analysis of customers’ financial status for proper evaluation of risk and establishment of credit limits. Make credit approval recommendations on new accounts. Monitor and communicate credit concerns to management. Interact with internal departments such as sales administration and customer service to resolve account issues. Determine placement of customers’ accounts with external collection agency. Use skills as an experienced professional in conjunction with company policies and procedures to resolve issues in varied and imaginative ways. This is a fast-paced role, working directly with Customers, Finance Companies, Banks, Lease Companies, Sales Reps, and Sales Admin Teams to ensure Capital orders are paid on time. Essential Duties and Responsibilities The incumbent may be asked to perform other function-related activities in addition to the below-mentioned responsibilities as reasonably required by business needs. Responsible for reconciling and recovering delinquents Accounts Receivables, including government agencies. Work closely with Tax Dept to resolve open deductions and ensure accurate billings. Analyze accounts to recommend/establish customer credit limits and payment terms. Document collections activity Communicate hold status and the factors behind specific decisions to all levels of Sales Management. Provide monthly/quarterly review of significant delinquent accounts to management. Monitor credit holds and release pending orders, as needed. Negotiate payment plans and document the plan with a promissory note when possible. Propose write-offs of doubtful accounts receivable. Provide support during internal and external audits. Utilize Experian credit reports to determine collectability of Capital Orders in accordance with Revenue Recognition guidelines ASC 606. Review and ensure accounting and documentation conforms to processes, which support quality standards established for all methods and products. Monitor and ensure both compliance with and documentation of compliance with Cynosure’s policies and procedures as outlined in various Company policies, including the Global Approval Authority Matrix and other mandatory policies pursuant to one’s job description. Embody and live our company Values. This role requires extra hours during the month end and QTR End Business needs. Qualifications Education Bachelor’s degree is equivalent to three (3) years of experience Experience 2 to 5 years relevant experience Specific Related Experience: Collections experience Skills Possess strong discretionary judgment. Strong ability to communicate effectively to internal and external stakeholders. Strong organization and communication skills. Detail oriented with strong analytical and problem-solving skills. Hands-on working knowledge of Excel and Word. Ability to multi-task and work as a team player to improve processes with minimal supervision. Microsoft Office experience (Word, Excel, Outlook), and general computing skills Strong interpersonal skills a must. Seniority level
Associate Employment type
Full-time Job function
Finance Industries
Medical Equipment Manufacturing
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Responsible for providing analysis of customers’ financial status for proper evaluation of risk and establishment of credit limits. Make credit approval recommendations on new accounts. Monitor and communicate credit concerns to management. Interact with internal departments such as sales administration and customer service to resolve account issues. Determine placement of customers’ accounts with external collection agency. Use skills as an experienced professional in conjunction with company policies and procedures to resolve issues in varied and imaginative ways. This is a fast-paced role, working directly with Customers, Finance Companies, Banks, Lease Companies, Sales Reps, and Sales Admin Teams to ensure Capital orders are paid on time. Essential Duties and Responsibilities The incumbent may be asked to perform other function-related activities in addition to the below-mentioned responsibilities as reasonably required by business needs. Responsible for reconciling and recovering delinquents Accounts Receivables, including government agencies. Work closely with Tax Dept to resolve open deductions and ensure accurate billings. Analyze accounts to recommend/establish customer credit limits and payment terms. Document collections activity Communicate hold status and the factors behind specific decisions to all levels of Sales Management. Provide monthly/quarterly review of significant delinquent accounts to management. Monitor credit holds and release pending orders, as needed. Negotiate payment plans and document the plan with a promissory note when possible. Propose write-offs of doubtful accounts receivable. Provide support during internal and external audits. Utilize Experian credit reports to determine collectability of Capital Orders in accordance with Revenue Recognition guidelines ASC 606. Review and ensure accounting and documentation conforms to processes, which support quality standards established for all methods and products. Monitor and ensure both compliance with and documentation of compliance with Cynosure’s policies and procedures as outlined in various Company policies, including the Global Approval Authority Matrix and other mandatory policies pursuant to one’s job description. Embody and live our company Values. This role requires extra hours during the month end and QTR End Business needs. Qualifications Education Bachelor’s degree is equivalent to three (3) years of experience Experience 2 to 5 years relevant experience Specific Related Experience: Collections experience Skills Possess strong discretionary judgment. Strong ability to communicate effectively to internal and external stakeholders. Strong organization and communication skills. Detail oriented with strong analytical and problem-solving skills. Hands-on working knowledge of Excel and Word. Ability to multi-task and work as a team player to improve processes with minimal supervision. Microsoft Office experience (Word, Excel, Outlook), and general computing skills Strong interpersonal skills a must. Seniority level
Associate Employment type
Full-time Job function
Finance Industries
Medical Equipment Manufacturing
#J-18808-Ljbffr